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550 2 Avenue, Manhattan

A theater on 2 Avenue carrying 2.82 FAR of unused residential development rights on record on a 54,162 sq ft lot, zoned R8.

550 2 Avenue is a theater in Manhattan, New York City (BBL 1009360001). The property is zoned R8, on a 54,162 sq ft lot, with 2 floors and 6 residential units. It was built in 1998. The lot is not inside a FEMA Special Flood Hazard Area. NYC municipal records show 6 open building violations for this lot as of 2026-07-05.

Property facts

BBL1009360001
BoroughManhattan — Community District 6
NeighborhoodMurray Hill-Kips Bay
ZIP code10016
Zoning districtR8
Building classJ5theater (what’s a building class?)
Land use05 — Commercial & office buildings
Lot area54,162 sq ft
Floors2
Residential units6
Year built1998
FAR3.2 built · 6.02 max residential · 0 max commercial Learn: What is FAR?
Flood zoneNot in a FEMA Special Flood Hazard Area

Public records

  • 6 open Department of Buildings violations
  • 0 open ECB (OATH) violations
  • 0 open Housing Preservation & Development violations

Violation counts as of 2026-07-05.

Absence of a record means none on file in NYC municipal records — not a certification of compliance.

The complete dossier also covers:

  • Buildable floor area (residential & commercial)
  • Recorded ownership & last sale
  • Recorded mortgages & open debt stack
  • LL97 carbon exposure by compliance period
  • Flood coverage percentage & base flood elevation
  • Climate projections for this lot
  • Open permits & construction pipeline
  • Distress signal convergence
  • Air rights & transferable development rights
  • Comparable sales (Pro)
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Data: NYC municipal records (Departments of City Planning, Buildings, Finance) and FEMA. See our sources and methodology. Data as of 2026-07-11.